Editor Picks: CEO gives back his bonus

It’s not every day that a CEO gives back his bonus. But that’s just what Rick Holley of Plum Creek Lumber did. Also around the web, HCN editors have found stories about store closings concerning a New Jersey independent and one of the biggest names in American retail.

• Rick Holley’s bonus at Plum Creek Timber would have been about $1.9 million. But he didn’t take it, citing the principle of fairness toward shareholders. (source: Fortune) Read more.

• It wasn’t for a lack of business, but a New Jersey hardware store plans to close its doors. (source: MyCentralJersey.com) Read here.

• Eddie Lampert, CEO of Sears Holdings, shared his thoughts on strategy, the future and closing more than 200 Kmart and Sears stores in 2014. (Source: Searsholdings.com) Read more.